CIFR Discloses 70MW AWS Lease Terms Starting April 2026

CIFR disclosed terms for its 70-megawatt lease with AWS, revealing a 15-year triple-net lease structure that begins April 27, 2026. The announcement, shared via a tweet by analyst Matthew Sigel, outlines a revenue model where CIFR retains 100% of margins and projects $1.9 billion net operating income per megawatt. The lease agreement positions CIFR to secure long-term revenue streams amid volatility in the cryptocurrency market.

CIFR Announces 70MW AWS Lease Terms

The lease agreement entails a 15-year triple-net lease with AWS for 70 megawatts of capacity. Under this structure, CIFR retains 100% of the margins, with the company projecting $1.9 billion net operating income per megawatt. This figure represents a high-end estimate compared to CIFR's previous financial models. The lease commences April 27, 2026.

Triple-Net Lease Structure Retains Full Margins

The triple-net lease model transfers operational costs to the tenant, allowing CIFR to maintain higher margins. According to the disclosed terms, CIFR will retain 100% of margins under this arrangement. The company had previously modeled lower margin scenarios, making the announced terms a higher-end projection. Current trading volume for CIFR stands at $0, as stated in the source.

FAQ

When does CIFR's AWS lease begin? The 15-year lease with AWS begins April 27, 2026.

What percentage of margins does CIFR retain under the AWS lease? CIFR retains 100% of the margins under the triple-net lease structure with AWS.

What is the projected net operating income per megawatt for CIFR's AWS lease? CIFR projects $1.9 billion net operating income per megawatt, which represents a high-end estimate compared to the company's previous financial models.